Shadow Finance Minister Bire Kimisopa made this statement in Parliament yesterday after the supplementary budget was tabled by Treasury Minister Patrick Pruaitch.
“If we have a sovereign wealth fund we will be able to mitigate all these, we will be able to support the budget, and perhaps consolidate the exchange rate and give confidence to private sector in terms of the foreign currency situation in the country to access foreign currency to pay for goods and services overseas,” Kimisopa said.
